Quote from: Unbunplease on Today at 08:08:01 PM

Quote from: Lorence.xD on Today at 05:03:15 PM

Most people would let their desires win due to comparison to the other people, cause if they are contented of what they had, for sure they could save money with taking loans and withdraw savings just to buy unnecessary things that can't help for your own convenience. Focusing in investment rather than comparing would build up the mindset of "in the future or sooner I would also afford that" which is actually good cause for that term you could be financially stable to buy things you want.

I agree with this. When a person has a lot of money, he becomes a slave of money. He starts buying up apartments, cars, jewelry like crazy. But he doesn't have time to use even a small percentage of it. He just needs it very much to make dust in the eyes of others.

People tend to upgrade whenever their wants are met. I do not think buying an apartment is wrong, cars maybe, but jewelry is okay since it can be considered an investment and can be sold at a higher price later. Having a lot of money does not mean a person can be a slave of it. There are people who are able to make money work for them to produce more money. I don't see any wrong in aiming for more but spending money for luxury things isn't a good thing. At the end of the day to be able to save up and invest to some ventures, with limiting sources of funds, knowledge of money management is greatly needed.